First Trust Rising Dividend Achievers ETF $RDVY Position Trimmed by NewEdge Advisors LLC

Posted by Don Miller on Jul 30th, 2026

NewEdge Advisors LLC decreased its stake in shares of First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY – Free Report) by 11.8% during the first quarter, HoldingsChannel reports. The firm owned 1,157,890 shares of the company’s stock after selling 154,839 shares during the quarter. First Trust Rising Dividend Achievers ETF makes up about 1.5% of NewEdge Advisors LLC’s investment portfolio, making the stock its 10th largest position. NewEdge Advisors LLC’s holdings in First Trust Rising Dividend Achievers ETF were worth $79,061,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Perspectives Inc acquired a new stake in shares of First Trust Rising Dividend Achievers ETF during the fourth quarter worth $26,000. Huntington National Bank increased its position in shares of First Trust Rising Dividend Achievers ETF by 37,000.0% in the 4th quarter. Huntington National Bank now owns 371 shares of the company’s stock valued at $26,000 after acquiring an additional 370 shares during the period. Trust Co. of Vermont acquired a new position in shares of First Trust Rising Dividend Achievers ETF in the 4th quarter valued at $27,000. United Community Bank purchased a new position in First Trust Rising Dividend Achievers ETF in the 4th quarter worth $28,000. Finally, Bessemer Group Inc. purchased a new position in First Trust Rising Dividend Achievers ETF in the 1st quarter worth $29,000.

First Trust Rising Dividend Achievers ETF Stock Performance

Shares of RDVY opened at $79.81 on Thursday. The stock has a 50-day moving average of $78.54 and a two-hundred day moving average of $74.28. The stock has a market cap of $24.36 billion, a P/E ratio of 15.46 and a beta of 1.00. First Trust Rising Dividend Achievers ETF has a one year low of $62.02 and a one year high of $81.36.

First Trust Rising Dividend Achievers ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.1474 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.59 dividend on an annualized basis and a yield of 0.7%.

About First Trust Rising Dividend Achievers ETF

(Free Report)

The First Trust Rising Dividend Achievers ETF (RDVY) is an exchange-traded fund that is based on the NASDAQ US Rising Dividend Achievers index. The fund tracks an index of 50 large-cap stocks with rising, high-quality dividends. RDVY was launched on Jan 6, 2014 and is managed by First Trust.